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Technical Line - A closer look at the FASB’s new segment disclosure requirements


Overview

Our publication, which discusses the FASB’s new guidance requiring entities to provide additional and more detailed information about their reportable segment expenses, among other items, has been updated to include recent clarifications by the SEC staff on the disclosure of additional segment profitability measures and significant segment expenses, as well as other staff observations.

The guidance is effective for all public entities for fiscal years beginning after 15 December 2023 and interim periods beginning after 15 December 2024. Early adoption is permitted.

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